INCORPORATION OF FINANCIAL PROVISIONS IN LEGISLATIVE ACTS Sample Clauses

INCORPORATION OF FINANCIAL PROVISIONS IN LEGISLATIVE ACTS. Each legislative act concerning a multiannual programme adopted under the ordinary legislative procedure will contain a provision in which the legislative authority lays down the financial envelope for the programme. That amount will constitute the prime reference for the budgetary authority during the annual budgetary procedure. The budgetary authority and the Commission, when it draws up the draft budget, undertake not to depart by more than 5% from that amount for the entire duration of the programme concerned, unless new, objective, long-term circumstances arise for which explicit and precise reasons are given, with account being taken of the results obtained from implementing the programme, in particular on the basis of assessments. Any increase resulting from such variation must remain within the existing ceiling for the heading concerned, without prejudice to the use of instruments mentioned in the MFF regulation and in this Agreement. This Point does not apply to appropriations for cohesion adopted under the ordinary legislative procedure and pre-allocated by Member States which contain a financial envelope for the entire duration of the programme.
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INCORPORATION OF FINANCIAL PROVISIONS IN LEGISLATIVE ACTS. 17. Each legislative act, concerning a multiannual programme, adopted under the ordinary legislative procedure shall contain a provision in which the legislator lays down the financial envelope for the programme. That amount shall constitute the prime reference amount for the European Parliament and the Council during the annual budgetary procedure. The European Parliament and the Council, and the Commission when it draws up the draft budget, undertake not to depart by more than 10 % from that amount for the entire duration of the programme concerned, unless new, objective, long-term circumstances arise for which explicit and precise reasons are given, with account being taken of the results obtained from imple­ shall remain beneath the existing ceiling for the heading concerned, without prejudice to the use of instruments mentioned in the MFF Regulation and in this Agreement. This Point applies neither to appropriations for cohesion adopted under the ordinary legislative procedure and pre- allocated by Member States, which contain a financial envelope for the entire duration of the programme nor to the large scale projects referred to in Article 16 of the MFF Regulation. 18. Legislative acts, concerning multiannual programmes, not subject to the ordinary legislative procedure shall not contain an ‘amount deemed necessary’. Should the Council wish to include a financial reference amount, that amount shall be taken as illustrating the will of the legislator and shall not affect the budgetary powers of the European Parliament and the Council as set out in the TFEU. A provision to this effect shall be included in all legislative acts which contain such a financial reference amount. If the financial reference amount concerned has been the subject of an agreement pursuant to the conciliation procedure provided for in the Joint Declaration of the European Parliament, the Council and the Commission of 4 March 1975 (1), it shall be considered a reference amount within the meaning of Point 17 of this Agreement.
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INCORPORATION OF FINANCIAL PROVISIONS IN LEGISLATIVE ACTS. 17. Each legislative act, concerning a multiannual programme, adopted under the ordinary legislative procedure shall contain a provision in which the legislator lays down the financial envelope for the programme. That amount shall constitute the prime reference amount for the European Parliament and the Council during the annual budgetary procedure. The European Parliament and the Council, and the Commission when it draws up the draft budget, undertake not to depart by more than 10 % from that amount for the entire duration of the programme concerned, unless new, objective, long-term circumstances arise for which explicit and precise reasons are given, with account being taken of the results obtained from implementing the programme, in particular on the basis of assessments. Any increase resulting from such variation shall remain beneath the existing ceiling for the heading concerned, without prejudice to the use of instruments mentioned in the MFF Regulation and in this Agreement. This Point applies neither to appropriations for cohesion adopted under the ordinary legislative procedure and pre-allocated by Member States, which contain a financial envelope for the entire duration of the programme nor to the large scale projects referred to in Article 16 of the MFF Regulation. 18. Legislative acts, concerning multiannual programmes, not subject to the ordinary legislative procedure shall not contain an 'amount deemed necessary'. Should the Council wish to include a financial reference amount, that amount shall be taken as illustrating the will of the legislator and shall not affect the budgetary powers of the European Parliament and the Council as set out in the TFEU. A provision to this effect shall be included in all legislative acts which contain such a financial reference amount. If the financial reference amount concerned has been the subject of an agreement pursuant to the conciliation procedure provided for in the Joint Declaration of the European Parliament, the Council and the Commission of 4 March 19751, it shall be considered a reference amount within the meaning of Point 17 of this Agreement. 1 OJ C 89, 22.4.1975, p. 1. C. EXPENDITURE RELATING TO FISHERIES AGREEMENTS 19. Expenditure on fisheries agreements shall be subject to the following specific rules. The Commission undertakes to keep the European Parliament regularly informed about the preparation and conduct of the negotiations, including their budgetary implications. In the course of the ...
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INCORPORATION OF FINANCIAL PROVISIONS IN LEGISLATIVE ACTS. 18. Each legislative act, concerning a multiannual programme, adopted in accordance with the ordinary legislative procedure shall contain a provision in which the legislator lays down the financial envelope for the programme. That amount shall constitute the prime reference amount for the European Parliament and for the Council during the annual budgetary procedure. For programmes referred to in annex II to the MFF Regulation, the prime reference amount is automatically increased by the additional allocations referred to in article 5(1) of the MFF Regulation. The European Parliament and the Council, and the Commission when it draws up the draft budget, undertake not to depart by more than 15 % from that amount for the entire duration of the programme concerned, unless new, objective, long-term circumstances arise for which explicit and precise reasons are given, with account being taken of the results obtained from implementing the programme, in particular on the basis of assessments. any increase resulting from such variation shall remain beneath the existing ceiling for the heading concerned, without prejudice to the use of instruments referred to in the MFF Regulation and in this agreement. The fourth paragraph does not apply to the additional allocations referred to in the third paragraph. This point does not apply to appropriations for cohesion adopted in accordance with the ordinary legislative procedure and pre-allocated per Member State which contain a financial envelope for the entire duration of the programme or to the large- scale projects referred to in article 18 of the MFF Regulation. 19. Legally binding Union acts concerning multiannual programmes that are not adopted in accordance with the ordinary legislative procedure shall not contain an "amount deemed necessary". Should the Council wish to include a financial reference amount, that amount shall be taken as illustrating the will of the legislator and shall not affect the budgetary powers of the European Parliament and of the Council as set out in the TFEU. a provision to that effect shall be included in all legally binding Union acts which contain such a financial reference amount.
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INCORPORATION OF FINANCIAL PROVISIONS IN LEGISLATIVE ACTS. 33. Legislative acts concerning multiannual programmes adopted under the co-decision procedure contain a provision in which the legisla- tive authority lays down the financial framework for the programme for its entire duration. That amount will constitute the prime reference for the budgetary authority during the annual budgetary procedure. The budgetary authority and the Commission, when drawing up its preliminary draft budget, undertake not to depart from this amount unless new, objective, long-term circumstances arise for which explicit and precise reasons are given, with account being taken of the results obtained from implementing the programme, in parti- cular on the basis of assessments. 34. Legislative instruments concerning multiannual programmes not subject to the co-decision procedure will not contain an ‘amount deemed necessary’. Should the Council wish to include a financial reference, this will be taken as illustrating the will of the legislative authority and will not affect the powers of the budgetary authority as defined by the Treaty. This provision will be mentioned in all instruments which include such a financial reference. If the amount concerned has been the subject of an agreement pursuant to the conciliation procedure provided for in the Joint Declaration of the European Parliament, Council and the Commis- sion of 4 March 1975 (1), it will be considered a reference amount within the meaning of paragraph 33 of this Agreement. 35. The financial statement provided for in Article 3 of the Financial Regulation will reflect in financial terms the objectives of the proposed programme and include a schedule covering the duration of the programme. It will be revised, where necessary, when the preliminary draft budget is drawn up, taking account of the extent of implementation of the programme. The revised statement will be forwarded to the budgetary authority when the preliminary draft budget is presented and after the budget is adopted.
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INCORPORATION OF FINANCIAL PROVISIONS IN LEGISLATIVE ACTS. Legislative acts concerning multiannual programmes adopted under the co-decision procedure contain a provision in which the legislative authority lays down the financial framework for the programme for its entire duration. That amount will constitute the prime reference for the budgetary authority during the annual budgetary procedure. The budgetary authority and the Commission, when drawing up its preliminary draft budget, undertake not to depart from this amount unless new, objective, long-term circumstances arise for which explicit and precise reasons are given, with account being taken of the results obtained from implementing the programme, in particular on the basis of assessments.
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